At Lally Chevrolet we want to provide you with all of the information to make the best decision possible when selecting the payment method for your next vehicle! Let us help customize the best financing solution for your vehicle purchase and unique situation! Contact us to review all financing and leasing options available to you!
5 REASONS TO FINANCE AT LALLY CHEVROLET
- Flexible Finance Terms (Up to 96 months depending on vehicle model year)
- Fixed Rates for Finance Term Selected (Rate and term based on approved credit)
- Open loans allow lump sum payments as well as early payment
- Relationship with 15+ major banks and lending institutions to provide you with the most competitive rates available (OAC)
- No monthly usage fees
WHAT TO KNOW BEFORE USING A LINE OF CREDIT TO PURCHASE YOUR NEXT VEHICLE
- Most lines of credit are secured against your home or farm
- Variable rates that fluctuate – if prime rate goes up, so does your line of credit interest rate
- Possible monthly usage charges
- No guaranteed repayment term so the financial institution holding the credit line can demand FULL repayment of the credit line within 30 days of notice
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WHAT TO KNOW BEFORE USING CASH / SAVINGS TO PURCHASE YOUR NEXT VEHICLE
- Many investments carry significant monetary penalties when cashed out early
- Depleting savings to purchase a vehicle can result in loss of funds intended for use in the event of an emergency
- Lost opportunity for investments
- Lost opportunity to pay down mortgage
- No establishment of positive credit rating for large purchase
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TIPS FOR READING AND UNDERSTANDING YOUR CREDIT REPORT AND SCORE
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